Expected DA – AICPIN for the month of December 2020 – Labour Bureau
The All-India CPI-IW for December, 2020 decreased by 1.1 points and stood at 118.8 compared to 119.9 points for November, 2020.
Press Information Bureau
Government of India
Ministry of Labour & Employment
Consumer Price Index for Industrial Workers (2016=100) – December, 2020
Posted On: 29 JAN 2021 5:18PM by PIB Delhi
All-India CPI for Industrial Workers (2016=100) for December, 2020 decreased to 118.8 points compared to 119.9 points for November, 2020.
In percentage terms, it went down by 0.92% w.r.t. previous month mainly due to Food group items having a share of 39.17% in the total weight which recorded a fall of 3.16% between these two months. During the period, decrease in prices of food items viz. Rice, Poultry (Chicken), Orange, Brinjal, Cabbage, Cauliflower, Carrot, Chillies Green, Ginger, Onion, Peas, Potato, Tomato, etc. had greater impact.
Year-on-year inflation based on all-items stood at 3.67 per cent for December, 2020 as compared to 5.27 per cent for the previous month and 9.63 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 2.89 per cent against 7.48 per cent of the previous month and 12.22 per cent during the corresponding month a year ago.
The All-India CPI-IW for December, 2020 decreased by 1.1 points and stood at 118.8 (one hundred eighteen and point eight). On 1-month percentage change, it decreased by (-) 0.92 per cent between November and December, 2020 compared to (+) 0.61 per cent increase between corresponding months of previous year.
The maximum downward pressure in current index came from Food & Beverages group contributing (-) 1.53 percentage points to the total change. At item level, Rice, Poultry (Chicken), Orange, Brinjal, Cabbage, Cauliflower, Carrot, Chillies Green, Ginger, Onion, Peas, Potato, Tomato, etc. are responsible for the decline in index. However, this decline was checked by Soya bean Oil, Mustard Oil, Sunflower Oil, Tea Leaf, Cooking Gas, Petrol, etc., putting upward pressure on the index.
At centre level, Ramgarh recorded the maximum decrease of 6points. Among others, 4 points decrease was observed in 3centres,3 points in 7 centres,2 points in 29centres and 1 point in 24centres. On the contrary, Solapur recorded a maximum increase of 2 points. Among others, 1 point rise was observed in5centres.Rest of 18centres’ indices remained stationary.
Year-on-year inflation based on all-items stood at 3.67 per cent for December, 2020 as compared to 5.27 per cent for the previous month and 9.63 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 2.89per cent against 7.48per cent of the previous month and 12.22 per cent during the corresponding month a year ago.
All-India Group-wise CPI-IW for November and December, 2020
|Sr. No.||Groups||Nov, 2020||Dec, 2020|
|I||Food & Beverages||123.6||119.7|
|II||Pan, Supari, Tobacco & Intoxicants||133.1||133.3|
|III||Clothing & Footwear||117.4||117.6|
|V||Fuel & Light||126.8||132.4|
*Rounded up from second decimal place.
The next issue of CPI-IW for the month of January, 2021 will be released on Friday 26thFebruary, 2021. The same will also be available on the office website www.labourbureaunew.gov.in.
The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centresin the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month.
The series of AICPIN is an important aspect to calculate Dearness Allowance and Dearness Relief for Central Government employees and Pensioners respectively.
AICPIN for December 2020: 118.8 x 2.88 = 342 (342.14)